Tag Archives: Mexican Treasury

AMLO Blames Private Businesses for Price Increases

By MARK LORENZANA President Andrés Manuel López Obrador (AMLO) on Wednesday, Sept. 7,  accused businessmen in Mexico of increasing their profits especially in times of crisis, claiming that the Mexican Treasury will now ask them for an explanation. In his Wednesday morning press conference, López Obrador said that private businesses should instead help control price increases. He specifically mentioned the

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On the Mark: Ana Guevara Sues Racquetball Champion

By MARK LORENZANA Ana Gabriela Guevara, head of Mexico’s National Commission for Physical Culture and Sports (Conade), has filed a lawsuit against five-time world racquetball champion Paola Longoria. Conade filed the civil lawsuit against Longoria on Monday, Aug. 29, with Guevara publicly declaring that Longoria had to repay unliquidated expenses that the athlete had incurred from 2015 to 2018, to

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The Mexican Treasury’s Capricious Dolling out of Fines

OPINION By THÉRÈSE MARGOLIS There is no accounting for how Mexico’s Treasury Secretariat’s (Hacienda) Tax Administration Service (SAT) decides who to prosecute and who to let slide, other than the fact that, like all government offices directly under Andrés Manuel López Obrador (AMLO), it takes its orders from the president. On Friday, July 29, the SAT notified the internationally disgraced

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Maccise Montes Urales Building Is Hotbed of Dirty Dealings

OPINION By THÉRÈSE MARGOLIS It isn’t hard to find dirt on Mexico’s Maccise family, a devious mafia of media power and political imposition based out of Toluca, in the State of Mexico (EdoMéx), that has used its money and political clout to influence elections, silence reporters and bulldoze legislation for its own agenda for more than three decades. The family’s

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Gertz Manero’s Hidden Assets Keep on Mounting

By THE PULSE NEWS MEXICO STAFF According to an extensive investigation conducted by the U.S. Spanish-language television network Univision, Mexican Attorney General Alejandro Gertz Manero — who has already earned himself considerable public ridicule and distrust for prosecuting his 94-year-old sister-in-law and her family in order to expropriate their inheritance from his late brother, and for trying to incarcerate 31

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Mexican Treasury Puts Squeeze on Taxpayers

By THE PULSE NEWS MEXICO STAFF Mexico’s Tax Administration Service (SAT) is out to squeeze taxpayers and increase its collections through a plan to conduct more audits of potentially delinquent contributors, according to a report published in Reforma newspaper on Thursday, May 6. At the end of the first quarter, the SAT collected 112 billion pesos through audits or reviews

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Two Mouths, Multiple Opinions

By RICARDO CASTILLO     For a “misunderstanding,” the initiation of the construction of the Dos Bocas port refinery was surely a noisy one. But then, it only helps to deepen the polarization of Mexican President Andrés Manuel López Obrador (AMLO) and his multiple detractors, mainly international rating companies concerned about the state-run oil company Petróleos Mexicanos’ (Pemex) huge debt of $95.6

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